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Yue Da International Holdings (HKSE:00629) Debt-to-EBITDA : 3.12 (As of Dec. 2023)


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What is Yue Da International Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Yue Da International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$58.39 Mil. Yue Da International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.07 Mil. Yue Da International Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$18.75 Mil. Yue Da International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.12.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Yue Da International Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00629' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -26.03   Med: 0.18   Max: 15.06
Current: 1.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of Yue Da International Holdings was 15.06. The lowest was -26.03. And the median was 0.18.

HKSE:00629's Debt-to-EBITDA is ranked better than
63.27% of 833 companies
in the Business Services industry
Industry Median: 1.9 vs HKSE:00629: 1.12

Yue Da International Holdings Debt-to-EBITDA Historical Data

The historical data trend for Yue Da International Holdings's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yue Da International Holdings Debt-to-EBITDA Chart

Yue Da International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.86 15.06 1.56 1.30 1.12

Yue Da International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.04 4.83 0.98 0.90 3.12

Competitive Comparison of Yue Da International Holdings's Debt-to-EBITDA

For the Specialty Business Services subindustry, Yue Da International Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yue Da International Holdings's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Yue Da International Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Yue Da International Holdings's Debt-to-EBITDA falls into.



Yue Da International Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Yue Da International Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(58.394 + 0.066) / 52.058
=1.12

Yue Da International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(58.394 + 0.066) / 18.746
=3.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.


Yue Da International Holdings  (HKSE:00629) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Yue Da International Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Yue Da International Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Yue Da International Holdings (HKSE:00629) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 - 200 Connaught Road Central, 33rd Floor, China Merchants Tower, Office No. 3321-3323 and 3325, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Yue Da International Holdings Ltd is an investment holding company. The company operates through one segment namely, the Factoring business. Factoring business offers trade finance, sales ledger management, customer credit rating, accounts receivable management and collection, credit risk guarantee, supply chain management, and other related solutions in China.

Yue Da International Holdings (HKSE:00629) Headlines

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